6.6 / 10
 Colombo

Import of surgical devices and equipment supplying to 7 private hospitals seek investment.

Key Business Facts
Yearly Sales USD 116 thousand
EBIDTA Margin 20 - 30 %
Industries Medical Supplies
Locations  Colombo
Business Overview
- The company has acquired world-famous agencies who deal with us exclusively.
- Company is NMRA certified.
- Our brands are well known in the market and have a good reputation.
- We also have loyal end users who are surgeons mostly.
- Before the pandemic, our growth rate was admirable for the limited sales force and access to limited funds.
- Government institutions are not paying and hospital sales are down by 60%.
- Import products from the USA, UK, and Germany and supply the products to 7 private hospitals in Sri Lanka.
Products & Services Overview
Surgical devices for wound closure, operation theatre equipment, central sterilisation equipment and disposables, surgical consumables for wound closure and vessel sealing, and control bleeding.
Capitalization Overview
- The company has 2 directors with equal shareholding. - Have LKR 20 million outstanding loans from gov institutions and LKR 10 million OD facility. - The business is funded by the sales generated. - Business was founded 15 years ago by borrowing funds but is fully independent now.
Assets Overview
LKR 10 million worth of stock, office furniture, equipment, and air-conditioning.
Full Sale
Asking Price: USD 320 thousand (Native Currency: LKR 100,000,000)
Reason: - Cash flow is an obstruction due to non-payment of invoices by government and private hospitals. -... View More
Includes physical assets worth USD 65 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp